Acton co-founded WhatsApp with Ukrainian immigrant Jan Koum in 2009. The company was acquired by FB in 2014 for $19 billion. Facebook announced in a post that Brian Acton, who co-founded WhatsApp, will be leaving the messaging service company in… Read More ›
The purchase announcement was timed with Malaysian Prime Minister Najib Razak’s meeting U.S. President Donald Trump at the White House. On Wednesday Boeing stated it has signed a memorandum of understanding (MOU) with Malaysia Airlines to sell eight widebody 787… Read More ›
A vehicle that residents have never before seen, a driverless shuttle bus, is now visible on the sleepy roads lining its rice fields of the Japanese town of Nishikata. In areas where elderly residents struggle with fewer bus and taxi… Read More ›
The move introduces some fresh blood in its top management. According to an internal memo from BlackRock Inc, the world’s largest asset manager, it has reshuffled its top regional management and has placed new new leadership at the head of… Read More ›
In a huge blow to generic drug makers, Allergan Plc has transferred its parent rights to a Native American tribe, which is treated as a sovereign nation in U.S. law, in order to shield its patents from civil lawsuits. In… Read More ›
Fears that Western Digital might take over control of Toshiba’s chip business led to it being dropped as the preferred bidder, said sources. According to two sources briefed on the matter at hand, Toshiba Corp favors a consortium led by… Read More ›
The combined loss of insurance from both hurricanes is in the range of $45 billion to $75 billion. According to Hiscox Ltd, the underwriter for Lloyd’s of London, insurance premium for properties are likely to move upwards in states such… Read More ›
A document which details Britain’s future commitments, including security, with EU has been released by the British government. In a development of far reaching consequences, Britain has stated it was unconditionally committed to the security situation in Europe. These disclosures… Read More ›
With electric utilities being severely affected by hurricane Irma, rescue workers, including some from far away California, are chipping in to restore power. More than million people have been affected by power cuts in Florida. As per local electric utilities,… Read More ›
With financial institutions expanding their European operations following Brexit, the market for risk managers has become highly competitive. Faced with an increased likelihood of financial companies exiting Britain, regulators in Europe have begun hiring risk specialists to prepare for the… Read More ›
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